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Wesfarmers Ltd (ASX:WES)

Retailing

Wesfarmers Ltd (ASX:WES) is a 100-year-old conglomerate which at various times has owned and operated some of Australia’s largest retail brands such as Kmart, Target and more. Today, its largest business is Bunnings Warehouse, the number-one DIY home improvement business.

Wesfarmers Ltd (ASX:WES) share price

Wesfarmers Ltd (ASX:WES) share price news

ASX Growth Shares
Eliza Clarke

3 things that got the team at Firetrail talking at Week 3 of October

CSL Limited (ASX: CSL) is currently trading at a 1-yr forward PE of 24x, a 40% premium to the ASX Industrials. 24x puts it on the same multiple as defensives like Woolworths Group Ltd (ASX: WOW), Wesfarmers Ltd (ASX: WES) and Sonic Healthcare Ltd (ASX: SHL), for ~2-3x the earnings growth!​​​

ASX Growth Shares
Owen Raszkiewicz

7 “Retirement ready” stocks

All seven of these companies do something different. They have different prospects for growth. Different ways of generating dividends… and so on. When combined, they could make for a wicked cocktail of dividend income.

ASX Growth Shares
Drew Meredith, CFP

All Ordinaries (ASX:XAO) flat as oil surges: Retailers slide on weaker sales

Eight of the markets 11 sectors finished weaker, after retail sales grew at just 0.2 per cent in August, following an 0.5% increase in July. This is likely to ensure interest rates remain on hold. Consumer facing businesses Aristocrat Leisure Limited (ASX: ALL) and Wesfarmers Ltd (ASX: WES) fell 1.9% and 0.8%.

ASX Growth Shares
Marcus Padley

Four Big Oversold Stocks with 6% Yields

Marcus Today does Technical Scans every day, and on 15 September 2023, they turned up four big stocks (five if you include Resmed CDI (ASX: RMD), seven including resources) that are interestingly oversold on weekly charts.

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